Taira Thomas 4
Research Summary
AI-generated summary
Carvana (CVNA) Taira Thomas Withholds 791 Shares for Taxes
What Happened
- Taira Thomas, President, Special Projects at Carvana (CVNA), had 791 shares of Class A common stock withheld to cover tax liabilities upon vesting of restricted stock units. The shares were withheld at a reported price of $382.60 per share for a total value of approximately $302,637. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-05-01; Filing date (Form 4): 2026-05-05 (timely within required reporting window).
- Price per share: $382.60; Shares withheld/disposed: 791; Total value: ~$302,637.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — represents shares withheld for taxes upon vesting of restricted stock units.
- Transaction code: F — tax withholding to satisfy tax obligations on vested awards (routine).
Context
- Withholding shares to cover taxes is a common, administrative event tied to RSU vesting; it does not necessarily indicate a bullish or bearish view by the insider since the shares were not sold on the open market.
- For investors tracking insider activity, purchases typically carry more informational weight than routine withholding transactions like this one.